Tag Archives: memes

More Wealth, More Debt

All Money Comes from Debt All the money in your bank account right now was created from debt in one form or another. The government creates money by issuing debt (bonds.) It then pays this money to public service employees, and the money eventually gets spent into the economy. The money from private sector jobs comes from debt as well. Small businesses often… Read More »

Ballin Boomers

Canadians have been told by pension experts that we are not saving enough for our retirement. Since we’re all living longer, we’ll also need more money than our parents did by the time we’re ready to quit our jobs. But one silver lining that people often overlook is that we’ll also be getting more inheritance than in any previous… Read More »